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Q&A: Building Companies Through Acquisition

April 23, 2014 3:13 pm | by Abbigail Kriebs, Associate Editor | Articles | Comments

Today we’re asking Bill Wade -  consolidation expert at Wade & Partners and one of the speakers at the Distribution and Manufacturing Profitability Forum - about his session titled "Consolidation Realities: A Guide To The Minefields Of Building Companies Through Acquisition." See what he has to say about why consolidation can be a great thing for a distributor.

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The complete daily resource for distribution professionals

2013 Big 50 List

September 1, 2014 2:46 pm | by Industrial Distribution Staff | News | Comments

The Big 50 list highlights a group of companies who are aggressive and progressive. This year's list shows a significant amount of revenue growth, more than typical amounts of consolidation, and even a notably absent name (Barnes Distribution, now a part of MSC). It’s a tough marketplace, and the strong survive and thrive. If anything in these pages inspires confidence, we hope it’s the leadership of an industry that refuses to slow down.


SAE Ratcheting Crowfoot Set

April 24, 2014 3:51 pm | by GearWrench | Product Releases | Comments

These wrenches allow the user to quickly turn nuts and bolts without removing the wrench from the fastener, says the company.


Oil Repellent & Cut Resistant Gloves

April 24, 2014 2:35 pm | by Ansell | Product Releases | Comments

The uniquely engineered HyFlex 11-927 glove features Ansell RIPEL Liquid Repellence Technology and Ansell GRIP Technology, combined with a cut resistant liner and a higher dip lining, says the company.


Caterpillar 1Q Profit Climbs 5%, Forecast Rises

April 24, 2014 10:09 am | by Tom Murphy, AP Business Writer | News | Comments

Caterpillar's first-quarter earnings climbed 5%, and the construction equipment maker raised its 2014 forecast. But the company also said Thursday that a mining equipment sales slump is still hurting results.             


3M 1Q Results Improve, But Miss Wall Street's Forecast

April 24, 2014 9:59 am | by 3M | News | Comments

The maker of products from Post-it notes to industrial coatings and ceramics said Thursday that it earned $1.21 billion, or $1.79 per share, for the three months through March 31. A year earlier it earned $1.13 billion, or $1.61 per share.   

United Stationers 1Q Sales Up 0.3%

April 24, 2014 9:55 am | by United Stationers | News | Comments

Sales were $1.254 billion, up 0.3%. Sales in janitorial and breakroom supplies rose 2.3% to $332.7 million from $325.3 million. Industrial supply sales increased 1.4% to $131.5 million from $129.7 million.            


DDI System Appoints Aung Latt As VP Of Corporate Strategy

April 24, 2014 9:35 am | by DDI System | News | Comments

Aung Latt has been in the distribution industry for over 20 years, most recently as a Strategic Account Executive for Infor. Prior to that, Aung held multiple roles within the Prophet 21/Activant/now Epicor organizations.             


Survey: China Manufacturing Continues To Shrink

April 24, 2014 9:32 am | by The Associated Press | News | Comments

Factory activity in China shrank for the fourth straight month in April, though the decline was slightly slower, a survey on Wednesday said, in a possible sign the slowdown in the world's No. 2 economy is stabilizing.      


EPA Scales Back Biofuel Mandate

April 24, 2014 9:31 am | by Dina Cappiello, Associated Press | News | Comments

The Obama administration is significantly reducing the amount of cellulosic biofuels refiners will have to prove they blended into gasoline last year, acknowledging that the market lagged far behind government projections.     


Avnet 3Q Sales Up 6.1%

April 24, 2014 9:29 am | by Avnet | News | Comments

Avnet's reported sales increased 2.0% year over year to $2.6 billion and organic sales decreased 2.5% in reported dollars and 1.9% in constant currency.                  


New High-Temperature Vibration Sensors

April 23, 2014 4:25 pm | by Meggitt | Product Releases | Comments

To offset the effect of high temperatures on internal electronics, the durable internal components are rated at 200° C for consistent bias output voltage levels over the entire temperature range.


Two-Way Radios by Barcoding

April 23, 2014 4:20 pm | by Barcoding, Inc. | Product Releases | Comments

Barcoding will serve as a value-added reseller of Motorola Solutions and Vertex Standard two-way radio technology to help clients in a wide range of industries improve productivity and become more efficient, accurate, and connected within their organization.


Ingersoll Rand 1Q Revenues Increased 3%

April 23, 2014 1:49 pm | by Ingersoll Rand | News | Comments

The company's reported revenues increased by 3% to $2,723 million, compared with revenues of $2,639 million for the 2013 first quarter. Total U.S. revenues were up 3% compared to 2013, and revenues from international operations also increased 3% (up 4% excluding currency).


Lincoln Electric Sales Down 4.7% In 1Q

April 23, 2014 9:59 am | by Lincoln Electric | News | Comments

Sales decreased 4.7% to $685.1 million in the first quarter 2014 versus $718.6 million in the comparable 2013 period. This decrease reflects the benefit from acquisitions, which was offset by lower volumes and unfavorable foreign exchange translation.


ITW Organic Revenue Up 3.3%

April 23, 2014 9:54 am | by Illinois Tool Works | News | Comments

Total revenues grew 4% to $3.6 billion and operating income increased 16% to $667 million. Organic revenues increased 3.3%, with international growing 6.3% and North America increasing 1.0%.              


Praxair 1Q Sales Up 5%

April 23, 2014 9:45 am | by Praxair, Inc. | News | Comments

Sales in the first quarter were $3,026 million, 5% above the prior-year quarter, and up 9%, excluding foreign currency. Organic sales grew 6% driven by higher on-site volumes from new project start-ups primarily in North America and Asia.  


POOL4TOOL Announces Partnership With riskmethods

April 23, 2014 9:42 am | by POOL4TOOL | News | Comments

All risk-relevant information about suppliers, locations, and supply chains from the riskmethods “Supply Risk Network” will now be channeled into POOL4TOOL’s “All-in-One Supplier Collaboration” platform.               


NAED Names 2014-2015 Board of Directors

April 23, 2014 9:38 am | by NAED | News | Comments

Maureen Barsema, vice president, Business Administration, Buffalo Grove, IL-based City Revere Electric Supply, will become the 2014-2015 NAED chair at the conclusion of the National Meeting held April 26-29 in San Francisco.       


Eyefreight Enters Latin America With Expansion Into Brazil

April 23, 2014 9:35 am | by Eyefreight | News | Comments

This initiative follows Eyefreight’s recent North American expansion, setting up U.S. headquarters in Evanston, IL for one of the fastest growing TMS providers in Europe.               


GM To Add 35 Product Safety Investigators

April 22, 2014 5:14 pm | by Dee-Ann Durbin, AP Auto Writer | News | Comments

GM said Tuesday that the new investigators will more than double the size of its current team, to 55. The company is also dividing its global engineering operations and placing a greater emphasis on whole vehicles, and their safety, instead of on individual parts.



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